Oklahoma § 36-3632 - Exemption of proceeds, group life
Full text of Oklahoma Oklahoma Statutes § 36-3632 — Exemption of proceeds, group life, with citation guidance and answers to common questions.
§ 36-3632. Exemption of proceeds, group life
A. A policy of group life insurance or the proceeds thereof
payable to the individual insured or to the beneficiary thereunder,
shall not be liable, either before or after payment, to be applied
by any legal or equitable process to pay any liability of any person
having a right under the policy. The proceeds thereof, when not
made payable to a named beneficiary or to a third person pursuant to
a facility-of-payment clause, shall not constitute a part of the
estate of the individual insured for the payment of his debts.
B. This section shall not apply to group life insurance issued
pursuant to Article 41 (Group life insurance and group annuity
contracts) to a creditor covering his debtors, to the extent that
such proceeds are applied to payment of the obligation for the
purpose of which the insurance was so issued.
Laws 1957, p. 370, § 3632.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-3632
What does Oklahoma Statutes § 36-3632 cover?
Section 36-3632 ("Exemption of proceeds, group life") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 36-3632?
A common citation format is "Oklahoma Statutes § 36-3632" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 36-3632 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.